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house Bill H.R. 624

Should the SEC Study Potential Changes to an Insider Trading Rule?

Argument in favor

Insider trading is a serious crime that makes the market unfair for investors who don’t have inside knowledge of companies’ operations. Trades allowed under the rule in question need to be closely monitored and subject to rules that ensure executives and insiders can’t use their knowledge of companies’ operations to engage in insider trading.

Doug's Opinion
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01/27/2019
Expand this law to include members of Congress, past and present please.
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Anna's Opinion
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01/28/2019
Corruption is a huge problem in our economy and government. Pass this along with comprehensive anti corruption laws and a constitutional amendment that says corporations are not people and money is not speech.
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Azrael's Opinion
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01/27/2019
Have new rules for congress and all public employees They’re making fortunes on insider trading and shorting stocks No stocks may be purchased no stocks may be traded while in public service If you don’t like it find another line of work
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Argument opposed

When properly administered, plans under the rule in question are important investment tools for executives and other insiders to trade stocks. While bad investors will occasionally engage in improper trades, it’d be an overreaction to curtail these plans due to a few bad actors.

RAN's Opinion
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01/27/2019
How about we have investigations into how these politicians like Maxine Waters and many many others become so rich in government. I can guarantee it’s not on the up and up.
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Cindy's Opinion
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01/28/2019
A study for a million dollars to change regulations and write laws, NO Thanks!
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Michael's Opinion
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01/28/2019
What is the problem that this bill is trying to fix? Current rules adequately cover insider training except for members of Congress.
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    Expand this law to include members of Congress, past and present please.
    Like (137)
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    How about we have investigations into how these politicians like Maxine Waters and many many others become so rich in government. I can guarantee it’s not on the up and up.
    Like (35)
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    Corruption is a huge problem in our economy and government. Pass this along with comprehensive anti corruption laws and a constitutional amendment that says corporations are not people and money is not speech.
    Like (58)
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    Have new rules for congress and all public employees They’re making fortunes on insider trading and shorting stocks No stocks may be purchased no stocks may be traded while in public service If you don’t like it find another line of work
    Like (30)
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    Crack down on insider trading.
    Like (17)
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    The system is fraught with illegal activity. Shut it down.
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    Congress has gotten filthy rich from insider trading.
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    Under Trump, insider trading has gotten lots worse because his Bunch ALL think they are ABOVE the law. They are involved up to their eyeballs. Martha Stewart spent time in jail for a tiny infraction. This BUNCH is in BIG TIME. They deserve to all go to jail for it.
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    H.R. 624 AKA the Amendment of Rule 10b5-1 of 2018 I support and recommend passage of this bill H.R. 624 AKA the Amendment of Rule 10b5-1 of 2018 which would require the Securities and Exchange Commission (SEC) to study and potentially amend Rule 10b5-1 to ensure that corporate insiders are unable to indirectly engage in illegal insider trading through changes to their trading plans. Insider trading is a serious crime that makes the market unfair for investors who don’t have inside knowledge of companies’ operations. Trades allowed under the rule in question need to be closely monitored and subject to rules that ensure executives and insiders can’t use their knowledge of companies’ operations to engage in insider trading. SneakyPete.......... 👍🏻🙏🏻👍🏻🙏🏻👍🏻. 1*27*19..........
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    Mick Mulvaney stopped the investigation into the Equitable debacle and those two Equitable execs who sold their stock immediately before public announcement was made never were investigated. Republicans will always work to find a way to protect the 1%. To put another barrier in their way is a good thing. Just make sure to include all public officials up to and including the president in this bill. They aren’t trustworthy when it comes to their own wealth.
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    Damn right, it should!
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    Why not? Looking at the ramifications of your actions before you proceed is just good sense.
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    Raise the minimum wage and stop funding all the corporate excess. It is ridiculous for Americans to think that corporate CEOs somehow price products lower because their labor costs are lower. No, the 1% does the same thing with that economic windfall as they did with their tax break; they use it to play the market. Time for play is over, it is time we, the tax payers, stop subsidizing every minimum wage worker out there with our Federal dollars. Make corporations pay a living wage instead of forcing middle class workers to subsidize poverty wages.
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    Doing what is right when being watched is easy. Doing what is right when no one is watching takes integrity. Insider trading is a serious crime, those that do it are not going to tell on themselves.
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    A study for a million dollars to change regulations and write laws, NO Thanks!
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    I'm sure that there are plenty who have found loopholes into the insider trading laws. Time to look at everything that Congress has passed and ensure that they are also bound by the same laws they create
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    Especially the government workers and politicians should not be able to make inside trades.
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    What is the problem that this bill is trying to fix? Current rules adequately cover insider training except for members of Congress.
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    Yes, insider trading should be closely monitored and restrictions made so people with that type of information do not benefit from it.
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    Make sure to include that this absolutely applies to Congress
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